Why is Aarti Industries falling/rising?

As of 31-Jul, Aarti Industries Ltd. is experiencing a decline in its stock price, currently at Rs 420.10, which reflects a decrease of Rs 25.65 or 5.75%. Today's performance indicates that the stock has underperformed its sector by 4.69%, opening with a loss of 3.23% and reaching an intraday low of Rs 416.1. The stock has been on a downward trend after two consecutive days of gains and is trading below all key moving averages. Over the past year, Aarti Industries has generated a return of -43.97%, with profits falling by 21.1%. Despite high institutional holdings at 26.84% and a slight increase in their stake, the company has reported negative results for the last three consecutive quarters, contributing to its poor long-term growth outlook.
In the broader market context, Aarti Industries' short-term return of -2.95% over the past week significantly underperforms the Sensex, which has only declined by 1.22%. The stock's performance over the last month shows a decline of 13.26%, while the benchmark has dropped by just 3.00%. This stark contrast highlights the stock's struggles relative to the market. Additionally, the company's operating profit has decreased at an annual rate of -6.34% over the last five years, indicating ongoing challenges that have led to below-par performance both in the near term and long term.